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for the american economy. >> an added wrinkle to the fiscal cliff talks is the debt ceiling, with the government on pace to reach its borrowing limit early next year. the white house stated its position on the 14th amendment, which some theory rise is a way for the president to raise the debt limit independently, should republicans attempt to use it as a negotiating tool. >> i can say that this administration does not believe that the 14th amendment gives the president the power to ignore the debt ceiling, period. >> the fiscal cliff talks reached a new low yesterday when, somehow, the new york jets got dragged into it on the senate floor. >> it's not one of my favorite teams, but it's really, really fun to watch, and that's the new york jets. coach ryan, he's got a problem. he has three quarterbacks, sanchez, he's got tim tebow, he's got another guy. he can't decide who their quarterback is going to be. that's the same problem republicans are having. romney's gone, but he's still in the background. we have mcconnell and we have boehner. who is the quarterback, mr. president? who is the quarterb
to ignore the debt ceiling, period. >> the fiscal cliff talks reached a new low yesterday when, somehow, the new york jets got dragged into it on the senate floor. >> it's not one of my favorite teams, but it's really, really fun to watch, and that's the new york jets. coach ryan, he's got a problem. he has three quarterbacks, sanchez, he's got tim tebow, he's got another guy. he can't decide who their quarterback is going to be. that's the same problem republicans are having. romney's gone, but he's still in the background. we have mcconnell and we have boehner. who is the quarterback, mr. president? who is the quarterback? >> there's some confusion about who the quarterback is on the republican side. that is, of course, quite common when you don't have the white house, but there's no doubt about who the quarterback is on the democratic side. the quarterback on the democratic side is the president of the united states. and unfortunately, he keeps throwing interceptions, and we're moving backward and backward and backward towards the goal line. >> i have a headache. >> should they not b
raising the debt ceiling. lou: the fiscal cliff and now a new ultimatum on the national debt ceiling. you suppose this is the last condition? >> it's going to be a wild couple of months, maybe everybody thought with the election over, there was going to be peace and figure all of this out, but i think we're just at the beginning of a long protractive battle, lou. lou: more on the stalemate of the fiscal cliff, the impasse, and tell us what you think about the so-called negotiations. vote in tonight's online poll. do you agree president obama's ultimatum on higher taxes are actually the cause? make him responsible for driving us off the fiscal cliff? go to our to be page at facebook facebook.com/loudobbs. we'll have results at the end. chris and steven joining us here next to address that question and more. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ malennouncer ] lease a 2013 e350 f $579 a month at your local mercedes-benz dealer. lou: hous
for republicans who were plotting to gain leverage over the fiscal cliff discussions by folding the debt ceiling into fiscal cliff talks. take a listen. >> obama: congress, in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation which by the way we have never done in our history until we did it last year, i will not play that game. >> jennifer: fortunately for us "newsweek" "daily beast" special correspondent michael tomasky is always up for playing political games himself. he's joining us from washington d.c. thanks for coming back inside "the war room." >> it is always my pleasure, governor. >> jennifer: always a pleasure to have you. so let me talk about this debt ceiling issue. because really, as we look at it really, the only leverage that republicans have on the fiscal cliff talks they proceed to be with the debt limit right? so today the treasury department ups the ante by endorsing republican senator mitch mcconnell
wants to take the debt ceiling issue out of discussions about the fiscal cliff. take a listen. >> if congress in any way suggests they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, i will not play that game. >> congressman, the last time republicans used the debt ceiling for political purposes, the full faith and credit of this nation was downgraded. are they really happy, really happy, in the face of what you've just heard the president say, are they happy to do if again? >> yeah, they have acted irresponsibly. many house republicans have acted like children. they have behaved like children. when children behave containing yously, you take the dangerous toy as way from them. they want to continue on a three-month basis. they have tried to schett down the federal government on a three-month timetable because they don't fundamentally believe the government should help grow the middle class or help small businesses retire people, retain employees, or helping veterans. so we don't think it's a g
of a union fight. i have a former governor of michigan here. plus, we'll talk fiscal cliff and debt ceiling with him. plus, one hatch of simpson-bowles. the erskine bowles half. the less dancing of the duo. why former chief of staff is growing more optimistic we'll be able to get a deal before the cliff dive. by the way, will he take a job in president obama's cabinet? i'll have that answer straight ahead. first, a look ahead at the president's schedule today. you can see it's michigan with the lunch time remarks. back to the white house before 5:00. [ male announcer ] when ziggy the cat appeared at their door, he opened up jake's very private world. at first, jake's family thought they saved ziggy, but his connection with jake has been a lifesaver. for a love this strong, his family only feeds him iams. compared to other leading brands, it has 50% more animal protein... ...to help keep ziggy's body as strong as a love that reaches further than anyone's words. iams. keep love strong. ♪ don't know what i'd do ♪ i'd have nothing to prove ♪ i'd have nothing to lose [ male announcer ] zal
will be on this massive, $60.3 trillion debt, this fiscal cliff. but, most importantly, this debt crisis next year. i'm not talking about what's going to happen in february or january. what i want to talk about is how do we solve this problem? how do we get the speaker? and the president actually opened up that back door. they're sitting there making back room deals. open up and let the american people see what's going on. i want to see what's going on. they won't tell either side what the deal-making is going on. i don't think that's the way to make policy. >> now, as you said, you and i may not agree. we've debated on this show, though you've always come on. are you saying that you believe that speaker boehner has a score card and is punishing you and three others for standing up and voting for what you believe to be right? >> that is apparently the case. we wrote a letter to the speaker and i think if you read the language of the letter, you walk through all of the washington and you see oh, yes, there was a score card and we were graded a certain way, graded down because we wanted to balance the
vance. tonight, president obama issued yet another warning to republicans, do not use the fiscal cliff to start a fight over the debt ceiling. the u.s. could reach its debt ceiling by the end of the month, and risk defaulting on its loans early next year. house speaker john boehner today said, quote, we don't have time for the president to continue shifting the goal posts. we need to solve this problem. danielle lee now joins us from capitol hill with more on this story tonight. danielle? >> reporter: jim, good evening. we're just now learning that president obama spoke to house speaker john boehner by phone this afternoon. but we're not hearing of any progress on avoiding the fiscal cliff or on raising the nation's debt ceiling which is currently at $16.4 trillion. there are new concerns about what could happen to the country's credit rating in the new year. each day toward the fiscal cliff is also another day closer to the country maxing out on its borrowing limit. president obama talked to business leaders today. >> the only thing that the debt ceiling is good for as a weapon is to
, quite frankly happen. now we're talking about using the fiscal cliff or the debt ceiling as the ultimate weapon, trying to get something from the president now or give something to the president now with a threat that the debt ceiling will be used as the weapon in a few weeks or months. and quite frankly, that's no way to run a country. we need to move beyond this stalemate and this gridlock and both parties need to come together. i think the president's trying his best and, quite frankly, i would say that speaker boehner is really trying here. but these are difficult circumstances and i believe -- i return to what i said earlier. we had an election. the president won. when it comes to these tax matters, the people of this country are supportive of the president's approach. >> i'm curious, chip, and you were on this teleconference and obviously those are people very involved and very interested but there's an awful lot of fatigue, election fatigue in this country and, frankly, the holidays -- holiday season is upon us, people are busy, kids are back in school, so son and so forth. how mu
mcconnell when back-and-forth on fiscal cliff issues and a proposal to raise the debt ceiling. here is part of their exchange. >> yesterday afternoon, i came to the floor and offered president obama's proposal on the fiscal cliff to show that neither he nor democrats in congress are acting in good faith in these negotiations. with just a few weeks ago before a potentially entirely avoidable blow to the economy, the president proposed a plan the members of his own party will even vote for. he is not interested in a balanced agreement, not particularly interested in avoiding the fiscal cliff, and clearly not interested at all in cutting any spending. with the president is really in, as we learned just yesterday, is getting as much taxpayer money as he can, first by raising taxes on small businesses who he believes are making too much money, and then on everybody else. not so he can lower the debt or the deficit, but so he can spend to his heart's content. for months, the president has been saying that all he wanted to raise taxes on the top 2% so he can tackle the debt and the deficit. howeve
, use the tools to sign up people for the can kicks back campaign to avoid the fiscal cliff and cut the national debt. the 81-year-old simpson went "gangnam style" to make his point. ♪ >> i have a bum knee. horse, horse. ride the horse. >> senator, thank you for that. and that's your morning dish of "scrambled politics." and now for a look at your national weather, let's turn to bill karins. he has your weather channel forecast. >> the best part is the underwater robot for a place that doesn't have water. >> maybe it's a pool. >> yes. >> and they need to inspect it. >> counter-terrorism measures in the backyard. you never know. good morning, everyone. getting out the door this morning, it's very cold up in new england. tell you what, the lack of snow is really becoming a slightly alarming especially if you have any interest in snowy weather recreation or skiing or ice skating or maybe you like to go snowmobiling. the northern half of the country is sparse. 7% of the country has snow cover. most of that is the high elevations in the rockies and northern rockies. it's about as low a
. fiscal cliff, beyond the fiscal cliff. let me get to this steve. this is about including the debt ceiling. and what the president said about that in this negotiation today. >> we are not going to play that game next year. >> if congress in any way suggests they will tie negotiation to debt ceiling votes and take us to the brink of default once again, part of a budget negotiation, which by the way we have never done in our history until we did it last year. i will not play that game. because we have to break that habit before it starts. >> bret: what about that? >> well, the president had as many red lines for iran as for house republicans. i think what kirsten said is absolutely remarkable. it is about the scalp. it's about the president having made a campaign argument for the better part of 2012. so that he could run a class warfare campaign. now having to make good on that with the base of his party. the u.s. economy be damned. the republicans offered to give so much and offering precisely what erskine bowles laid out as a compromise position in the proposal they made the other day. you
, if we go over the fiscal cliff and don't have a debt deal by year end, what you will to cut jobs? what's the impact on dupont if we don't get a resolution in time in. >> it's hard to predict because it's hard to know. i do think if there's an issue and we don't avert a cliff i think we as a country will react quickly. i criit will have an impact. i along with many of my peers have been advocating very strongly to rise above the issues and take a balanced aprove. we understand that spending has to be kur mild and the issue is the debt in this country, an issue we have to handle. >> handling that debt includes spending cuts as well as changes in the tax code. what would you like to sigh? what would make the most sense as a corporate executive running one of the most important companies in the world, what would make sense on the tax structure changes that you're debating right now on your standpoint? >> we have a very complex tax code in this country for corporations as well as individuals, and for corporations we need taxes in this country to be more on a coordinated basis with our tradi
attempts to link the fiscal cliff budget negotiations to future increases in the nation's debt ceiling. "the new york times" reported republicans might accept higher tax rates on wealthier americans to avoid triggering tax hikes for everyone. in return, they'd demand greater spending cuts next year before raising the federal borrowing limit. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which, by the way, we have never done in our history until we did it last year, i will not play that game because we've got to... we've got to break that habit before it starts. >> reporter: the 2011 standoff between the president and republicans led the nation to the brink of national default. standard and poor's even lowered its rating on u.s. government bonds. now, the president has proposed he be given authority to raise the debt ceiling without congressional action. house republicans reject that idea. and they've called for raising revenue without rate hikes, plus major
a plan not just to avert the fiscal cliff, but importantly to really tackle the deficit and debt problems in this country. i am concerned that deal won't be big enough. is it going to be small or medium or big. we need a plan big enough to fix the deficit problems and make sure the debt is no longer growing faster than the economy. we're not going to be able to balance the budget in the near future because the fiscal hole is so big. you want to make sure the debt is not growing faster than the economy. that's going to take $4 trillion in savings. you need all parts on the table and constructed in a thoughtful way so that revenues are raised in ways that are good for the economy as possible, and that when we're looking at the spending in the budget, we reform our entitlement programs and reduce spending in way that's thoughtful and good for the economy. it's going to take a lot to get there, but i actually think most of the policy ideas are well known and we're now in this political negotiation where i think there's a lot of support for having them, if they're going to go through all this,
-term issue about reducing the deficit and the debt and the current issue is the fiscal cliff. that would be the worst fiscal policy put in place since the great depression when we put an austerity policy in place to send and through the country back into recession. the idea that we have got into a debate as to how to reduce the deficit is wrong. we say don't reduce the deficit now this fast. that is what the fiscal cliff is all about and that's why ben bernanke cannot put the phrase. guest: as exactly right, we have two very different problems. the only reason we're talking about the second issue is politics. this is the politics of the moment tromping economic common sense which is a dangerous combination. guest: the fiscal solution is a fig leaf to allow members of congress to say we're going to spend so the spending cuts and tax increases and let the deficit be $500 billion higher. host: the debt is at $16.30 trillion and has increased $4 trillion over the last four years. the present and congress will say that over the next 10 years, we will get it back to where was in 2009, correct?
. >> thanks so much. >>> last night he describes what he says is to use the debt creel as a pawn in the fiscal cliff negotiations. >> they see the handwriting on the wall and they're going to have to extend it, and if they don't the whole country will see they were willing to tank the entire economy and give everybody the tax break to give people at the top a bonus. where they're just dead wrong, ed, is thinking they're going to gain leverage over this debt ceiling because the american people are not going to stand for republicans turning right around and threatening to destroy the american economy by having the united states default on its debts. >> don't miss "the ed show" 8:00 p.m. eastern time. >>> there are new details about the stunning military operation and the u.s. navy s.e.a.l. who heroically gave his life to help save a doctor kidnapped by the taliban. nbc's jim has the story. >>> he was a highly decorated navy veteran killed sunday in afghanistan. the s.e.a.l.s set out to rescue an american relief worker dr. dilip joseph kidnapped last week on the road east of kabul. joseph was hel
tax. host: how would you compare the current talks to july 2011 and the debt limit, fiscal cliff, sequestration -- guest: the debt limit talks definitely set the stage for this. they were not completely without value. i get the sense it is a lot more serious now. it has almost been like a year- and-a-half long negotiation. with the real deadline being the expiration of the bush tax cuts at the end of this year. to some extent, now they're getting to the real deadline and it is more serious. host: have you written one of the, if we go over the cliff, this is what happens-type article? guest: yes. people would probably start feeling it in their paychecks pretty quickly. never mind what it means to the broader economy. it will hit. it will hurt a lot of people. if we did not change the law and it went one month, two months, three months, it could lead to another recession because there be such a sharp drop in people's incomes and it would be spending less. that would not be good for businesses. i do not think that is quite to happen. -- going to happen. host: caller, last word with
of coffee this morning. starbucks ceo has sobering advice to offer on the looming fiscal cliff, that the consequences will be far worse than last year's debt ceiling fight when the u.s. credit rating was downgraded for the first time ever. his message to lawmakers, now is not the time to play politics. it's about doing right by the american people. >> i think if people would get in the room and leave their ego behind, and not be so skewed towards the party but be so sensitive to the lens of the american people, we will have an agreement. >> poppy harlow is joining us with more. we've been talking about how this will affect us. schultz says this goes way beyond our boarders. >> it's global. something that stuck with me talking to him about this, the people who need a deal most will be hurt the most. here's why. >> this single issue has a seismic affect on the rest of the world, that we have never been as connected and the domino effect of a bad outcome here will have significant negative consequences, domestically and around the world, not the least of which will be the level --
. thank you all for being here. the national debt to the fiscal cliff. what are your thoughts? >> i don't think it matters all that much. i agree with bill clinton's comment from the earlier segment. >> i am agreeing with him as a matter of analysis. it doesn't appear that obama is aiming to do something big and constructive here. he is aiming for a victory on a small point of dispute. that is sort of the lowest common denominator. that is what both sides can agree upon. since obama doesn't seem to want to give anything to the republicans, that is where i think it will end up. lou: where do you think they will end up in a war that we will end up, far more importantly? >> i think that is a great question. i don't think anybody knows. to the point of the testing, i thought the interesting point was made by president obama at the business roundtable. working towards john engler his possession to extend debt ceiling providers. that is what we are talking about. >> what is broken is taxes and the dead and spending cuts. if the president were honest and in good faith, he wouldn't be needing w
reducing the deficit and the debt and the current issue is the fiscal cliff. that would be the worst fiscal policy put in place since the great depression when we put an austerity policy in place to send and through the country back into recession. the idea that we have got into a debate as to how to reduce the deficit is wrong. we say don't reduce the deficit now this fast. that is what the fiscal cliff is all about and that's why ben bernanke cannot put the phrase. guest: as exactly right, we have two very different problems. the only reason we're talking about the second issue is politics. this is the politics of the moment tromping economic common sense which is a dangerous combination. guest: the fiscal solution is a fig leaf to allow members of congress to say we're going to spend so the spending cuts and tax increases and let the deficit be $500 billion higher. host: the debt is at $16.30 trillion and has increased $4 trillion over the last four years. the present and congress will say that over the next 10 years, we will get it back to where was in 2009, correct? guest: that is fund
% now and therefore avoid the fiscal cliff and put off for now the top 2%. and the question then, let the debt ceiling not take effect. a tax cut delayed i argue is a tax cut avoided. joining me with the republican defense highly tauted fan of the eagles, ed rendell and alex wagner of msnbc's "now." governor, i want you to read what's going on here. first speaker boehner defended the gop's tax proposal saying it does take a bite out of the rich but president obama held firm to tax rate hike on the wealthiest. let's listen to the back and forth. >> revenues we're putting on the table are going to come from, guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates, which we believe will harm our economy. >> let's allow higher rates to go up for the top 2%, that includes all of you, yes. but not in any way that's going to affect your spending, your lifestyles, or the economy in any significant way. let's make sure that 98% of americans don't see it -- a single dime in tax
issues briefly. one is that fiscal cliff, to is the debt ceiling. three is the so-called big deal that has to be done on our debt and deficit. of fortunately those issues, convoluted, especially in this town. they are distinct. the impact each other but they are distinct. this fiscal cliff is an artificial state. congress came in, said this law expires on this date. they extended it wants. they put in the sequestration. it is a date. all they have to do is extend the date and allow themselves time to discuss the issues. instead they are putting it all into a lame duck session. that is a problem. sometimes it leads to bad policy. the fiscal cliff can have real consequences. cbo has said that it would cause a recession if we were to go off the fiscal cliff. i do not dispute that i do point out that in 1993 when these taxes were first put in, many said they will cause a recession. they did not. the economy is improving on its own right now. and getting some much stronger. the impact of the fiscal cliff, while not something to be encouraged, may not be as bad as many have thought. and
to just worrying about the debt and the fiscal cliff and such. our program today, i am welcoming you. joan walker will welcome you as well. ed reilly will give the polling results, and ron brown will do the interview and then we will have a panel discussion. it will be a terrific day. please turn these babies off. again, welcome. joan walker is executive vice president of allstate. joan has been a terrific partner with us over the last four years. she is responsible for all relations for allstate. prior to joining that company, she did similar work with monsanto. she is a consummate marketing and communications strategist, which is what this town of washington is all about. that you very much, and welcome our friends here. [applause] >> ok, good morning, and thank you so much for that kind introduction. "the atlantic" and "national journal" have been terrific partners in this effort. i thank them very much for that, and many thanks to edward reilly, who will take us through the data today, and also for jeremy, an associate, who was the lead researcher on the poll. we have interviewed 25,00
-span web page dedicated to the fiscal cliff. the combined things related to the issues. it is all at cspan.or g/fiscalcliff we will have a discussion about change and how u.s. debt, economic growth, and retirement of baby boomers could lead to political and economic change. >> the house returns tomorrow. members will be coming in to consider defense department programs for next year. we will have live coverage of the house tomorrow at 2:00 eastern right here on c-span. >> i think people still love discovery. the ability to find surprises. every month or every year, people are suddenly talking about some show. you could've said to me, mike, i want you to choose honey boo boo, or a certain food channel network. i do not think if i had to determine that, i ever would -- at the ability to stumble on them, and then double around and that and find, i sort of like honey boo boo, that is a huge part of the american television experience. i think it is sold short when its techno ecstatic. i think a lot of americans love the enjoyment of escapism and passivity and being able to roam around the tv ju
turn to the rest. >> right now we are facing a fiscal cliff. last year we were facing the debt ceiling. before that, we were looking at several potential government shutdowns. at a different level, the appropriations process has not worked as intended for years. neither has the budget process. it seems like abnormal is the normal. that type of activity in this situation where we are already looking ahead to the next potential showdown, as he suggested, with the next debt ceiling altercation, this creates uncertainty, which is not good for the private sector and certainly is not good for the federal government in terms of its ability to function in a normal way. how can congress break out of this? >> do what we are hired to do and to appropriations in a timely manner. in maryland, we have a lot of defense contractors very concerned about sequester. many of them say, warner, warner, a nuisance and-bowles. -- do simpson-bowles. everyone supports it, but no one has read it. but the top line numbers are almost the same -- next time you do a default, do not make it so awful. putting a gun to
and the so-called cliff, fiscal cliff, he also wants to deal with raising the debt ceiling which caused so much controversy a year and a half ago. take a listen to the president today. >> if congress in any way suggests they are going to tie negotiations to debt ceiling votes, and take us to the brink of default once again, as part of a budget negotiation which by the way we have never done in our history until we did it last year, i will not play that game. >> now, republics may not want to include the debt ceiling extension lifting that ceiling in these negotiations because the ceiling doesn't need to be lifted for a couple more months. if they come back next year and deal with that part of this, they might have more leverage as we get closer and closer to that deadline to force the president into more spending cuts than he wants right now, harris. >> harris: well, editor all those americans wondering and watching rights now, 27 days, how close are we. we heard the speaker say he is waiting to hear back from the white house. i would think that would be in the form of a counter offer from
on the fiscal cliff. this morning a leading republican said any deal should include the major drivers of our debt. >> the long-term indebtedness of this country is baby boomers retiring putting pressure on medicaid, medicare and social security. i hope my party will look out for the country and not just the party itself and pure this president to do something he has never done before, lead in a bipartisan way. >> reporter: a little swipe there at the end but republicans have been consistent that it is important to address entitlement reform, something they very much want on the table if we're going to have a big deal in this fiscal cliff matter. jon? jon: on the democratic side it seems like they are holding firm on being sure that there is additional tax revenue in any fiscal cliff deal, right? >> jon, no question about that. they have been consistent from the very beginning. the president ran on the upper income americans paying more taxes as part of this deal. we heard more from chuck schumer on "fox news sunday". >> we democrats realize that there have to be two sides to this bargain but
problems, you have another go at it. you whack the budget in order to avert the fiscal cliff. now let's whack it again. even below what we agreed to. in order to avert fiscal disaster by not raising the debt ceiling. he said he won't indulge in that. unfortunately, the president has also said he won't use or threaten to use the implicit authority many constitutional scholars think the president has to ignore the debt ceiling because the 14th amendment provision that says the full faith and credit of the united states will not be questioned. >> eliot: i wanted to pick up on that threat because while i'm not persuaded you would win that argument, it is a powerful argument. why do you think the white house took that issue off the table? they certainly could have used it as a negotiating ploy lingering out there saying look, pursuant to the constitution you just cited the provision the president must act to protect the full faith and credit of the united states. therefore i -- why did he not use that as a more powerful weapo
continues to pursue. >> we have a short-run problem, purely a political problem about this fiscal cliff. it has nothing to do with the bondholder and the debt. we should work on that. >>> we got to take a break. lots more roundtable. >>> why did the tea party star quit the senate. what does it mean for the gop? >>> what's next for hillary? twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. that retiring some day is even an option for sean and me. how'd you get comfortable enough to know you could really do it? well, planning, of course. and we got a lot of good advice. a few years ago, your mom and i put some money into a pacific life fixed annuity. it guarantees us an income for the rest of our lives, whether social security is all there or not. hey, hey!
up getting past this fiscal cliff by creating another one with the debt ceiling. the best way out -- we passed a bill yesterday on the floor, it passed 98-0. that does not make news. it came out of committee -- a defense authorization bill. you had a majority and minority that work together. all kinds of amendments that were agreed to and voted on. and it passed. that is what we have not been doing. we have had bills come out of both leader offices, airdrop on the floor, that are intended not to pass but to show differences. if we can just go through regular order, things would be just fine. >> they have regular order in the house. >> regular order in the house has not brought compromise. i would like to see things go to regular order. i am a big proponent of allowing them to work -- we do need to recognize that in the era of divided government, where you have one party in control of the white house and another in control of the house, you are going to have a lot of give and take. in that environment, commonplace is essential. if you go through the last campaign, it is not that bi
on how to avoid the fiscal cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that is happening we expect to hear from house speaker john boehner any moment right now on the hill for the latest on what's happening on fiscal matters. martha? martha: meanwhile, there are new evacuations that have been ordered in a community where a train carrying toxic chemicals derailed nearly a week ago. 100 families told they have to leave their homes in new jersey near philadelphia. they have to play it safe until the last of the hazard does gas is removed. >> what we'll do we'll pump liquid in that dissolves the vinyl chloride. we'll pump that liquid back out into the highway truck. we have a derailment of hazardous of materials over and in a waterway and a community adjacent to it, right next to it. martha: the rail line is paying for hotel rooms and other expenses for 200 people not able to go home. the families as you can ima
is leadership change would disrupt efforts to curb debt, that is a sensitive issue here with the fiscal cliff possibly approaching. tomorrow we did have the start of a two-day fed meeting, expected to possibly look at more economic stimulus. market diet, dow and nasdaq positive, s&p lower only by a -- fraction. bloomberg trading up a of a percent. skinny suits may be turning fat profits, jobs picture improves, retailers generating 25 to 30% of its business from the suits. if you are expecting a holiday gift from your employer don't get your hopes up. advertising specialty institute says the average gift will be worth about $42. gift cards and cash are most popular. live at the tphaepblg, i'm jane king. -- >>> nobody is getting that starbucks card $400 card. >>> good morning. here's a look at live doppler, keep the umbrella away you need sunglasses maybe short sleeves during the afternoon, temperatures near records in a few areas, still concerns, fairfield and santa rosa 3/4 mile visibility because of the fog. you can see winds gusting fast around oakland light in our valleys you are much cool
the street -- it includes finding a way to fix the debt. i'd make one other point on the fiscal cliff. i mentioned i thought the campaign was over. but yesterday the president was in michigan at what looked like a campaign event to me. and it seemed to me that the time might have been better spent here working on the fiscal cliff that he was there. by my way of thinking, he was encourage the people of michigan to continue to deny working people the right to not have to pay union dues in order to get a job. and, second, to continue to perpetuate a system that will keep our auto industry from being competitive enough to compete in the world marketplace. michigan is today on the verge of becoming the 24th right-to-work state in the united states. the senate and the house passed a bill in michigan. now they passed it again today. i understand the governor is about to consider whether to sign it. and this is what it will do. it will ensure that employees in michigan won't have to pay union dues in order to get or keep a job. the president said that michigan legislators shouldn't be taking awa
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